Financial Model Test

Financial Model Test

6th Grade

17 Qs

quiz-placeholder

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Financial Model Test

Financial Model Test

Assessment

Quiz

Business

6th Grade

Practice Problem

Medium

Created by

cisat infotech

Used 8+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What is the main goal of the elites?

To accumulate disproportionate wealth and power

To achieve financial freedom

To travel and buy what they want

To help others through charity works

2.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Who among the following is recognized as an elite based on ownership and wealth?

Elon Musk

Jeff Bezos

Mark Zuckerberg

Bob Proctor

3.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What is the purpose of saving according to the financial model instructions?

To spend on future purchases or expenses

To secure and never spend it

To invest in long term plans

To become financially independent

4.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What is the recommended time frame for investment according to the financial model instructions?

No specific time frame

Monthly investment plans

Short term plans only

Long term plans such as one year, 2 years, and onward

5.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What is the income you will get from your investment according to the financial model instructions?

Investment income

Residual income

Active income

Salary income

6.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What does financial freedom provide according to the financial model instructions?

Time freedom and family freedom

Unlimited wealth and power

Ability to buy anything without saving

Control over others

7.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

What does financial stability depend on according to the financial model instructions?

Investment value

Financial management

Full potential and unlimited possibilities in life

Luck and chance

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